Closed Sales from 9/20/2012 to 9/26/2012

Sep 28th, 2012 by nilam 
Date Sold Address Zip Tract Sold Price Beds Sq Ft
Airport Area          
9/24/12 2323 Scholarship 92612 Avenue One $300,000 2 1037
9/25/12 1168 Scholarship 92612 Avenue One $455,000 3 1340
9/26/12 3040 Scholarship 92612 3000 The Plaza $1,020,000 2 1930
             
El Camino Real          
9/24/12 14881 Geneva St 92604 Greentree $392,200 2 1700
9/26/12 10 Butterfield 92604 Deerfield Townhomes $475,000 3 1700
             
Northpark            
9/23/12 14 Apple Vly 92602 Evergreen $690,000 4 2477
9/26/12 42 Chula Vis 106 92602 Monterey $447,000 3 1500
             
Northwood          
9/20/12 302 Streamwood 92620 Irvine Springs $143,000 1 639
9/21/12 2 Carlyle 92620 Northwood Meadows $590,000 4 2193
9/21/12 3 Delantera Dr 92620 Sundance $365,000 2 1462
9/24/12 7 Christamon 7 92620 Square $350,000 3 1383
9/25/12 54 Fillmore 92620 Courtside $565,000 4 1958
9/26/12 10 Wedgewood 92620 Tremaine $698,000 3 1561
             
Orangetree          
9/20/12 37 Tarocco 92618 Orchard Glen OT $300,000 2 995
             
Portola Springs          
9/24/12 115 Silverado 92618 San Carlos COURT $450,000 3 1756
             
Quail Hill            
9/25/12 59 Reunion 92603 Ambridge $496,000 2 1656
9/26/12 106 Reunion 92603 Sage $450,000 2 1031
             
Rancho San Joaquin          
9/24/12 4 Navarre 126 92612 RSJ Villas $410,000 2 1144
             
Turtle Rock          
9/20/12 3 Whitewater 2 92603 Glen Townhomes $470,000 2 1648
9/21/12 5972 Sierra Siena 92603 Broadmoor $915,000 4 2020
9/21/12 133 Starcrest 92603 Crest - Standard Pacific $1,630,000 4 2987
             
University Park          
9/21/12 12 Whitewood Way 92612 Park II (In Village Park) $555,000 3 2303
             
University Town Center          
9/20/12 147 Stanford Ct 92612 Princeton Townhomes $365,000 2 978
9/24/12 2 Exeter 13 92612 Columbia Square $248,000 1 768
             
Walnut            
9/24/12 14692 Oak Ave 92606 College Park $585,000 5 2231
             
West Irvine          
9/25/12 17 SAGAMORE 92602 Andover $460,000 3 1400
9/26/12 5 Easthaven 92602 Sheridan Square $800,000 4 3250
             
Westpark            
9/20/12 10 Andalucia 92614 Sorrento $855,000 4 2450
9/20/12 105 Costero Aisle 92614 other $349,000 2 900
9/21/12 4 Bahia 92614 Promenade $707,000 3 1709
9/24/12 53 Festivo 92606 Cortina $875,000 5 2600
9/25/12 166 Alicante Aisle 193 92614 Tiempo $295,000 2 1000
9/25/12 17571 Wayne Ave 92614 Culverdale $680,000 4 2350
             
Woodbridge          
9/20/12 168 W Yale Loop 1 92604 Estates $625,000 4 2155
9/20/12 24 Rockwood 92614 Parkview $340,000 2 1130
9/20/12 3 S Springbrook 63 92614 Seasons $520,000 3 1358
9/24/12 218 Greenmoor 92614 Stonegate $290,000 2 978
             
Woodbury          
9/20/12 49 Concierto 92620 Santa Barbara $450,000 2 1850
9/21/12 59 Concierto 92620 Treo $535,000 3 2026
9/24/12 61 Sable 92618 Woodbury East $511,000 3 1782

Discuss on Talk Irvine: http://www.talkirvine.com/index.php/topic,3150.0.html


Posted in News

Open House Review: 31 Iceberg Rose

Sep 27th, 2012 by Karen 

If you are interested in 31 Iceberg Rose, you’d better move fast.  While I was there for today’s open house, I saw two different people writing offers.  This former model is a short sale and, with a reduced price, it is finally seeing some seriously interested buyers.

The basics:
Asking Price: $460,000
Bedrooms: 3
Bathrooms: 2.5
Square Footage: 1750
Lot Size: n/a
$/Sq Ft: $263
Days on Market: 110 
Property Type: Condominium, End Unit
Year Built: 2006
Community: Woodbury

HOA dues are $325 per month and there are Mello Roos taxes.

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Posted in Real Estate Analysis

Irvine House vs Condo Numbers: September 2012

Sep 26th, 2012 by Sylvia Walker 

According to Altos Research, Irvine’s single-family housing market is similar to what it was the previous month. Altos gives Irvine’s single-family homes a Market Action Index of 22.03, which Altos defines as a buyer’s market. (Above 30 is defined as a seller’s market; below is defined as a buyer’s market.)  Altos also states that the average single-family home has been on the market for about 115 days as of September 14, 2012.

Altos Market Action Index for  Single-family Homes in Irvine
Altos Research

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Posted in News

Open House Review: 42 Gillman

Sep 25th, 2012 by SMS 

Doing the Math In University Park      

42 Gillman   $690,000  Sale Pending

I have seen a couple University Park  properties recently, and as I pulled up to 42 Gillman, this property brought to mind 14 Butternut and 21 Whitewood Way. Positioned on a quiet street with great parks and great schools, this single family home raised some questions.
Inside I found there were plus and minus points to tally.  In this case the math was being done by many others too, and the property is now listed as “sale pending.”

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Posted in Real Estate Analysis

So Long, Summer of 2012

Sep 24th, 2012 by Cubic Zirconia 

As we end the Summer of 2012, we all noticed that things didn’t turn as sour as predicted for Irvine. Inventory is at its lowest, hitting new lows with every passing month. Mortgage rates have followed the same trend, hitting the lowest of the lows and promising to stay so for a while to aid recovery. What will this mean to Irvine market in future, we are not sure.

Kool-aid again?

Here is the Condos Price/ SF chart for the past year in the zip code 92602:

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Posted in Real Estate Analysis

Closed Sales from 9/13/2012 to 9/19/2012

Sep 21st, 2012 by nilam 
Date Sold Address Zip Tract Sold Price Beds Sq Ft
             
Airport Area          
9/14/12 2214 Watermarke Pl 92612 Watermarke $195,000 1 635
9/17/12 21 Waldorf 92612 Maxfield $519,900 2 1575
9/18/12 8106 Scholarship 92612 The Plaza (5000 & 8000) $1,695,000 3 2685
             
El Camino Real          
9/13/12 30 Helena 92604 Heritage Park $371,000 3 1586
9/14/12 4372 Bridgeway St 92604 Greentree $613,000 4 1782
9/17/12 1 Wildflower 25 92604 - $420,000 3 1561
9/17/12 5051 Barkwood Ave 92604 El Camino Glen $650,000 3 1920
             
Northpark            
9/14/12 73 Burlingame 92602 Brisbane $415,000 2 1500
9/14/12 1704 Terra Bella 92602 Terra Bella $370,000 2 1343
             
Northwood          
9/13/12 7 Bragg 92620 Other $530,000 4 1897
9/13/12 905 Somerville 92620 Greystone Villas $547,500 3 1610
9/14/12 73 Cartier Aisle 92620 Northwood Villas $506,000 3 1800
9/15/12 468 Monroe 57 92620 Timberline $375,000 2 1142
9/18/12 1900 Timberwood 92620 Collage $390,000 2 1300
9/19/12 119 Arden 6 92620 Arden Square $712,500 4 2105
             
Oak Creek            
9/14/12 34 Danbury Ln 92618 Cobblestone $553,000 3 1500
9/17/12 19 Ashford 92618 Ashford Place $940,000 4 3100
             
Portola Springs          
9/13/12 71 HOMELAND 92618 Bougainvillea $750,000 4 2260
9/13/12 47 Silverado 92618 San Carlos COURT $399,000 2 1300
9/14/12 52 Land Grant 92618 Other $612,000 3 1660
             
Quail Hill            
9/13/12 124 Stepping Stone 92603 Casalon $430,000 3 1553
             
Shady Canyon          
9/19/12 22 Blue Grass 92603 Shady Canyon Custom $4,750,000 4 6015
             
Turtle Rock          
9/14/12 29 Rainbow Falls 92603 Glen Garden Homes $650,000 4 2200
9/18/12 18 Southern Wood 92603 Highlands Garden $965,000 3 2436
9/18/12 6 Rustling Wind 6 92612 Vista (Turtle Rock) $800,000 4 2855
             
University Park          
9/17/12 14 Eucalyptus 92612 Terrace $620,000 3 1539
             
Walnut            
9/19/12 3932 Aspen St 92606 College Park $555,000 4 1873
             
West Irvine          
9/13/12 1 Moonstone 92602 Mandeville $475,000 3 1500
             
Westpark            
9/13/12 10 Santa Catalina Asl 92606 Ravenna $690,000 4 1900
9/14/12 3751 Hendrix St 92614 Culverdale $1,010,000 5 3450
             
Woodbridge          
9/13/12 28 Pinewood 55 92604 Crossing $650,000 3 2016
9/14/12 21 Bayside 92614 Bayside $950,000 4 2450
9/17/12 45 E Yale Loop 24 92604 Estates $575,000 3 1886
9/18/12 4 Firebird 80 92604 Woodbridge $375,000 2 998
             
Woodbury          
9/13/12 43 Hallmark 92620 La Casella $635,000 3 2100
9/19/12 30 Nature 92620 Santa Barbara $416,000 2 1165

Discuss on Talk Irvine: http://www.talkirvine.com/index.php/topic,3130.0.html


Posted in News

Open House Review: 1 Ticonderoga

Sep 20th, 2012 by Karen 

Today’s open house search took me to 1 Ticonderoga, a J.M. Peters home in the Woodside II neighborhood.  This house is the biggest floor plan in the neighborhood, featuring four bedrooms (one downstairs), three full baths, a large bonus room and a three car garage.  It is on a corner lot, so the yard is slightly bigger than average, and the street it borders isn’t too busy.

The basics:
Asking Price: $929,000
Bedrooms: 4
Bathrooms: 3
Square Footage: 3,112
Lot Size: 5,800
$/Sq Ft: $299
Days on Market: 237* 
Property Type: Single Family Home
Year Built: 1980
Community: Woodside II

There are no HOA dues or Mello Roos taxes.

*The days on the market number is slightly misleading.  It was previously listed and had a buyer, but subsequently fell out of escrow.  It was taken off for awhile and upgraded, then put back on approximately six weeks ago.

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Posted in Real Estate Analysis
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